Subject category:
Strategy and General Management
Published by:
IBS Case Development Center
Length: 16 pages
Data source: Published sources
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https://casecent.re/p/54667
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Abstract
In October 2004, Oxford University changed its tradition for the first time in its 900-year-old history, by hiring John Hood, who was not from Oxford''s academic ranks, as its Vice Chancellor. To make Oxford competitive with universities like Harvard and Yale in the US, Hood had undertaken the challenge of improving Oxford''s finances. With decreasing government funding and lesser endowment funds as compared to universities like Harvard, Oxford was finding it difficult to maintain its position among the top universities in the world. By early 2005, Oxford was having a deficit of $36 million. The case study, while sketching John Hood''s profile, highlights the financial problems of Oxford and provides the scope to discuss the strategies being adopted by John Hood to improve Oxford''s finances.
About
Abstract
In October 2004, Oxford University changed its tradition for the first time in its 900-year-old history, by hiring John Hood, who was not from Oxford''s academic ranks, as its Vice Chancellor. To make Oxford competitive with universities like Harvard and Yale in the US, Hood had undertaken the challenge of improving Oxford''s finances. With decreasing government funding and lesser endowment funds as compared to universities like Harvard, Oxford was finding it difficult to maintain its position among the top universities in the world. By early 2005, Oxford was having a deficit of $36 million. The case study, while sketching John Hood''s profile, highlights the financial problems of Oxford and provides the scope to discuss the strategies being adopted by John Hood to improve Oxford''s finances.